Form 8-K · Current report
Public Storage 8-K, filed Jul 29, 2026
- Filed
- CIK
- 0001393311
- Accession no.
- 0001628280-26-050608
Summary
Public Storage reported second-quarter 2026 net income of $2.55 per share and Core FFO of $4.17 per share, raised its full-year 2026 Core FFO guidance to $16.75–$17.05 per share, closed its all-stock merger with National Storage Affiliates Trust, and agreed to acquire Public Storage Canada for US$1.2 billion. CEO Tom Boyle attributed the raised outlook to the company's platform strength and disciplined long-term strategy.
Key points
- Public Storage closed its all-stock merger with National Storage Affiliates Trust on July 22, 2026, expanding the Public Storage brand portfolio to over 4,500 locations and more than 327 million operating square feet.
- Public Storage agreed on June 22, 2026 to acquire Public Storage Canada for US$1.2 billion in cash and OP units, covering 68 properties totaling 5.3 million square feet, with closing expected in the third quarter of 2026.
- Second-quarter 2026 same-store revenues fell 0.6% year over year to $1.006 billion and same-store net operating income fell 2.2% to $746.4 million.
- Public Storage raised its full-year 2026 Core FFO per share guidance to $16.75–$17.05 from a prior range of $16.35–$17.00.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 2.02Results of Operations and Financial Condition
- 9.01Financial Statements and Exhibits
From the filing
Item 2.02Results of Operations and Financial Condition and Exhibits On July 29, 2026, Public Storage announced its financial results for the quarter ended June 30, 2026. The full text of the press release issued in connection with the announcement is included in Exhibit 99.1 to this Current Report on Form 8-K. Item 9.01Financial Statements and Exhibits (d) Exhibits Exhibit No. Description 99.1 Public Storage Earnings Press Release dated July 29, 2026. …
An excerpt of the text as filed with the SEC, cut for length.
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